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10-Q Filing

AUTODESK, INC. CIK: 769397 Q1 2023
Filing Information
Form Type 10-Q
Accession Number 0000769397-22-000074
Period End Date 20220430
Filing Date 20220602
Fiscal Year 2023
Fiscal Period Q1
XBRL Instance adsk-20220430_htm.xml
Filing Contents
Balance Sheet 66 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.53B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.52B USD Point-in-time
Marketable securities MarketableSecuritiesCurrent $236.00M USD Point-in-time
Marketable securities MarketableSecuritiesCurrent $67.00M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $384.00M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $716.00M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $389.00M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $284.00M USD Point-in-time
Total current assets AssetsCurrent $2.36B USD Point-in-time
Total current assets AssetsCurrent $2.76B USD Point-in-time
Long-term marketable securities MarketableSecuritiesNoncurrent $39.00M USD Point-in-time
Long-term marketable securities MarketableSecuritiesNoncurrent $45.00M USD Point-in-time
Computer equipment, software, furniture and leasehold improvements, net PropertyPlantAndEquipmentNet $162.00M USD Point-in-time
Computer equipment, software, furniture and leasehold improvements, net PropertyPlantAndEquipmentNet $162.00M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $305.00M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $303.00M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $479.00M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $494.00M USD Point-in-time
Goodwill Goodwill $3.60B USD Point-in-time
Goodwill Goodwill $3.64B USD Point-in-time
Deferred income taxes, net DeferredIncomeTaxAssetsNet $759.00M USD Point-in-time
Deferred income taxes, net DeferredIncomeTaxAssetsNet $741.00M USD Point-in-time
Long-term other assets OtherAssetsNoncurrent $519.00M USD Point-in-time
Long-term other assets OtherAssetsNoncurrent $492.00M USD Point-in-time
Total assets Assets $8.61B USD Point-in-time
Total assets Assets $8.26B USD Point-in-time
Accounts payable AccountsPayableCurrent $135.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $121.00M USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $220.00M USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $341.00M USD Point-in-time
Accrued income taxes AccruedIncomeTaxesCurrent $50.00M USD Point-in-time
Accrued income taxes AccruedIncomeTaxesCurrent $30.00M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $2.86B USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $2.81B USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityCurrent $77.00M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityCurrent $87.00M USD Point-in-time
Current portion of long-term notes payable, net NotesPayableCurrent $350.00M USD Point-in-time
Current portion of long-term notes payable, net NotesPayableCurrent $350.00M USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrent $160.00M USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrent $217.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.01B USD Point-in-time
Total current liabilities LiabilitiesCurrent $3.80B USD Point-in-time
Long-term deferred revenue ContractWithCustomerLiabilityNoncurrent $927.00M USD Point-in-time
Long-term deferred revenue ContractWithCustomerLiabilityNoncurrent $940.00M USD Point-in-time
Long-term operating lease liabilities OperatingLeaseLiabilityNoncurrent $347.00M USD Point-in-time
Long-term operating lease liabilities OperatingLeaseLiabilityNoncurrent $346.00M USD Point-in-time
Long-term income taxes payable AccruedIncomeTaxesNoncurrent $37.00M USD Point-in-time
Long-term income taxes payable AccruedIncomeTaxesNoncurrent $20.00M USD Point-in-time
Long-term deferred income taxes DeferredIncomeTaxLiabilitiesNet $34.00M USD Point-in-time
Long-term deferred income taxes DeferredIncomeTaxLiabilitiesNet $29.00M USD Point-in-time
Long-term notes payable, net LongTermNotesPayable $2.28B USD Point-in-time
Long-term notes payable, net LongTermNotesPayable $2.28B USD Point-in-time
Long-term other liabilities OtherLiabilitiesNoncurrent $142.00M USD Point-in-time
Long-term other liabilities OtherLiabilitiesNoncurrent $149.00M USD Point-in-time
Common stock and additional paid-in capital CommonStocksIncludingAdditionalPaidInCapital $2.92B USD Point-in-time
Common stock and additional paid-in capital CommonStocksIncludingAdditionalPaidInCapital $2.97B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-124.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-148.00M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-2.14B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-1.95B USD Point-in-time
Total stockholders equity StockholdersEquity $965.00M USD Point-in-time
Total stockholders equity StockholdersEquity $681.00M USD Point-in-time
Total stockholders equity StockholdersEquity $849.00M USD Point-in-time
Total stockholders equity StockholdersEquity $1.13B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $8.61B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $8.26B USD Point-in-time
Income Statement 36 line items
Line Item Tag Value Unit Period
Total net revenue RevenueFromContractWithCustomerExcludingAssessedTax $989.00M USD 1 Quarter
Total net revenue RevenueFromContractWithCustomerExcludingAssessedTax $1.17B USD 1 Quarter
Amortization of developed technologies CostOfGoodsAndServicesSoldAmortization $10.00M USD 1 Quarter
Amortization of developed technologies CostOfGoodsAndServicesSoldAmortization $14.00M USD 1 Quarter
Total cost of revenue CostOfRevenue $117.00M USD 1 Quarter
Total cost of revenue CostOfRevenue $92.00M USD 1 Quarter
Gross profit GrossProfit $897.00M USD 1 Quarter
Gross profit GrossProfit $1.05B USD 1 Quarter
Marketing and sales SellingAndMarketingExpense $419.00M USD 1 Quarter
Marketing and sales SellingAndMarketingExpense $377.00M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $266.00M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $289.00M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $112.00M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $120.00M USD 1 Quarter
Amortization of purchased intangibles AmortizationOfIntangibleAssets $11.00M USD 1 Quarter
Amortization of purchased intangibles AmortizationOfIntangibleAssets $8.00M USD 1 Quarter
Total operating expenses OperatingExpenses $839.00M USD 1 Quarter
Total operating expenses OperatingExpenses $763.00M USD 1 Quarter
Income from operations OperatingIncomeLoss $134.00M USD 1 Quarter
Income from operations OperatingIncomeLoss $214.00M USD 1 Quarter
Interest and other expense, net InterestIncomeExpenseNet $-3.00M USD 1 Quarter
Interest and other expense, net InterestIncomeExpenseNet $-19.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $195.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $131.00M USD 1 Quarter
(Provision) benefit for income taxes IncomeTaxExpenseBenefit $49.00M USD 1 Quarter
(Provision) benefit for income taxes IncomeTaxExpenseBenefit $-25.00M USD 1 Quarter
Net income NetIncomeLoss $146.00M USD 1 Quarter
Net income NetIncomeLoss $156.00M USD 1 Quarter
Basic net income per share (in dollars per share) EarningsPerShareBasic $0.71 USD 1 Quarter
Basic net income per share (in dollars per share) EarningsPerShareBasic $0.67 USD 1 Quarter
Diluted net income per share (in dollars per share) EarningsPerShareDiluted $0.67 USD 1 Quarter
Diluted net income per share (in dollars per share) EarningsPerShareDiluted $0.70 USD 1 Quarter
Weighted average shares used in computing basic net income per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 217.00M shares 1 Quarter
Weighted average shares used in computing basic net income per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 220.00M shares 1 Quarter
Weighted average shares used in computing diluted net income per share (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 219.00M shares 1 Quarter
Weighted average shares used in computing diluted net income per share (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 222.00M shares 1 Quarter
Cash Flow Statement 60 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $146.00M USD 1 Quarter
Net income NetIncomeLoss $156.00M USD 1 Quarter
Depreciation, amortization and accretion DepreciationAndAmortization $38.00M USD 1 Quarter
Depreciation, amortization and accretion DepreciationAndAmortization $33.00M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $152.00M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $116.00M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $-19.00M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $22.00M USD 1 Quarter
Lease-related asset impairments OperatingLeaseImpairmentLoss - USD 1 Quarter
Lease-related asset impairments OperatingLeaseImpairmentLoss $2.00M USD 1 Quarter
Other OtherOperatingActivitiesCashFlowStatement $19.00M USD 1 Quarter
Other OtherOperatingActivitiesCashFlowStatement $27.00M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-324.00M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-332.00M USD 1 Quarter
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $23.00M USD 1 Quarter
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $126.00M USD 1 Quarter
Accounts payable and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-182.00M USD 1 Quarter
Accounts payable and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-218.00M USD 1 Quarter
Deferred revenue IncreaseDecreaseInContractWithCustomerLiability $-28.00M USD 1 Quarter
Deferred revenue IncreaseDecreaseInContractWithCustomerLiability $-38.00M USD 1 Quarter
Accrued income taxes IncreaseDecreaseInAccruedTaxesPayable $38.00M USD 1 Quarter
Accrued income taxes IncreaseDecreaseInAccruedTaxesPayable $5.00M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $336.00M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $434.00M USD 1 Quarter
Purchases of marketable securities PaymentsToAcquireMarketableSecurities - USD 1 Quarter
Purchases of marketable securities PaymentsToAcquireMarketableSecurities $29.00M USD 1 Quarter
Sales and maturities of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities $202.00M USD 1 Quarter
Sales and maturities of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities $4.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $20.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $12.00M USD 1 Quarter
Purchases of developed technologies PaymentsToAcquireIntangibleAssets $1.00M USD 1 Quarter
Purchases of developed technologies PaymentsToAcquireIntangibleAssets $4.00M USD 1 Quarter
Business combinations, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $1.03B USD 1 Quarter
Business combinations, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $96.00M USD 1 Quarter
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $30.00M USD 1 Quarter
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $-9.00M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-1.04B USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $31.00M USD 1 Quarter
Proceeds from issuance of common stock, net of issuance costs ProceedsFromIssuanceOfCommonStock $64.00M USD 1 Quarter
Proceeds from issuance of common stock, net of issuance costs ProceedsFromIssuanceOfCommonStock $67.00M USD 1 Quarter
Taxes paid related to net share settlement of equity awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $55.00M USD 1 Quarter
Taxes paid related to net share settlement of equity awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $70.00M USD 1 Quarter
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $151.00M USD 1 Quarter
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $457.00M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-142.00M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-460.00M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-15.00M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-3.00M USD 1 Quarter
Net decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-10.00M USD 1 Quarter
Net decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-849.00M USD 1 Quarter
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.77B USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.52B USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $923.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.53B USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.77B USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.52B USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $923.00M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.53B USD Point-in-time
Fair value of common stock issued related to business combination BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable $3.00M USD 1 Quarter
Fair value of common stock issued related to business combination BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable $10.00M USD 1 Quarter
Comprehensive Income 22 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $146.00M USD 1 Quarter
Net income NetIncomeLoss $156.00M USD 1 Quarter
Net (loss) gain on derivative instruments, tax (benefit) OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent $-8.00M USD 1 Quarter
Net (loss) gain on derivative instruments, tax (benefit) OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent $-2.00M USD 1 Quarter
Change in net unrealized gain on available-for-sale securities, tax expense (benefit) OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax - USD 1 Quarter
Change in net unrealized gain on available-for-sale securities, tax expense (benefit) OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax - USD 1 Quarter
Change in defined benefit pension items, tax effect OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax - USD 1 Quarter
Net gain on derivative instruments (net of tax effect of $(8) and $(2), respectively) OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $10.00M USD 1 Quarter
Change in defined benefit pension items, tax effect OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax - USD 1 Quarter
Net gain on derivative instruments (net of tax effect of $(8) and $(2), respectively) OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $55.00M USD 1 Quarter
Change in net unrealized (loss) gain on available-for-sale debt securities (net of tax effect of zero for all periods presented) OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $4.00M USD 1 Quarter
Net change in cumulative foreign currency translation (loss) gain, tax expense (benefit) OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax $-2.00M USD 1 Quarter
Net change in cumulative foreign currency translation (loss) gain, tax expense (benefit) OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax - USD 1 Quarter
Change in net unrealized (loss) gain on available-for-sale debt securities (net of tax effect of zero for all periods presented) OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $-1.00M USD 1 Quarter
Change in defined benefit pension items (net of tax effect of zero for all periods presented) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $3.00M USD 1 Quarter
Change in defined benefit pension items (net of tax effect of zero for all periods presented) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax - USD 1 Quarter
Net change in cumulative foreign currency translation (loss) gain (net of tax effect of zero and $(2), respectively) OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-75.00M USD 1 Quarter
Net change in cumulative foreign currency translation (loss) gain (net of tax effect of zero and $(2), respectively) OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $10.00M USD 1 Quarter
Total other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $24.00M USD 1 Quarter
Total other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-24.00M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $180.00M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $122.00M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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